Ok
not too long ago, I decided to try and use QUICKEN
again. Since I really wanted to track my [poor] spending
habits. And in general to try and improve my [very poor]
finances.
Well, so far, I am learning it is a big “pain in the butt”
This is probably why I am an engineer instead of an
ACCOUNANT. ugghh
Now, after only 3 months of recording, my family bank
account balance is off by about $238.17″. hoy
And my personal account, which I only opened 6 months
ago, is off by a similar (although seemingly non-disclosed)
amount HA
So, for ease of getting your transactions from your bank
and other financial institutions, I give Quicken an A++
BRAVO vastly improved over the 1998 or so version
But it still is an accounting program, so you still have
the meticuosly drudgery or going through all those
[although be it easily-downloaded] transactions
And furthermore, you may have to increase your
skill in finding the mistakes, etc. That part I seem
to be short on skills or patience therein……
But i will stick to it for as long as I can, I am finding that
There are mistakes in the banks, and credit cards transactions
And on occasion, if one fall out of my favor, I will be able
to challenge it, or at least be aware of it.
Also, we have some pretty frequent charges for medical expenses
As we grow older and require more health care. Also, my
wife has type II diabetes, so there are some significant recurring
costs to cope with that
The point being, that quicken can easily flag these type of expenses
And record them. The final yearly costs may be enough to
get itemized on our taxes. So that is a good incentive to track
them
Overall, the software is much better, but you still have to
put a lot of time and effort into tracking it all. Hopefully
I get my balances straightened out before TOO LONG
Since the longer it goes, the bigger mess it is to go through
hoy
CM
No comments:
Post a Comment